Sick Benefit & PHI claim.

Discussion in 'Insurance not covered in other forums' started by Normal Bloke, Feb 25, 2009.

  1. Normal Bloke

    Normal Bloke Guest

    Hi all question: If I am claiming from my PHI policy (€500 per week Irish Life) am I still entitled to claim sick benefit as I pay full PRSI and have the stamps. If so will my PHI be reduced because I am claiming sick benefit or visa versa. Also will I have to pay tax on either or both amounts ?


     
  2. Welfarite

    Welfarite Frequent Poster

    Posts:
    3,057
    Illness Benefit is based on your PRSI contributions and is not means tested. AFAIK, it's taxable.
     
  3. Dave Vanian

    Dave Vanian Frequent Poster

    Posts:
    604
    If €500 + Social Welfare is greater than 75% of your earned income, Irish Life will reduce your claim so that the combined payment is 75%.
     
  4. Normal Bloke

    Normal Bloke Guest

    Ok thanks for that any further info or comments I would be grateful.